This is just more gaslightning IMO. Coinbase has dragged their feet on lightning for years and now they finally kick it to an outside firm? Pathetic. Probably will be another year+ before actual integration.
I think they couldn't handle properly LN privacy and preferred to outsource tech and legal risks.
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126 sats \ 1 reply \ @kr 3 Apr
i spoke with someone on their team last fall (after they announced their intention to support Lightning), and they did estimate early 2024 for an integration.
i’ll take the under on 1 year to complete the integration.
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They made an announcement simultaneously with Binance and they are fine so far because Binance has bigger issues. Their business scales are comparable.
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A company like Coinbase... with "soo" many years in the field, need to "partner" with an small company to implement LN? It's just a smoke screen to help some friend/s inside lightspark.
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108 sats \ 0 replies \ @gmd 3 Apr
They're the biggest exchange that hasn't been brought down yet for laundering fraud etc so I give them some credit for doing something right... probably they had other priorities expanding their business to custody for ETFs etc.
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